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our state government was bogged down by a $3 billion deficit. now our housing market is on the mend. recovering faster than anywhere in america. we are adding jobs at the swiftest clip in years, nearly 23,000 in november alone. arizona ranks fifth in the nation for job growth during 2012. [applause]the kauffman index recently declared arizona the country's premier place for entrepreneurs. our budget is now balanced. we set aside $450 million in the state's rainy day fund for the next time that crisis strikes. [applause]crime and violence in arizona continues to trend downward. arizona has reduced crime by punishing criminals and not by infringing on the rights of law- abiding gun owners. [applause]our state is getting stronger. i am confident that arizona's light of opportunity will shine as bright as the arizona sun in the years to come. i understand there was a little game being played last month called where in the world is jan brewer? i heard the rumors. i was not hiking the appalachian trail. [laughter]in fact, i was humbled that the united
our state government was bogged down by a $3 billion deficit. now our housing market is on the mend. recovering faster than anywhere in america. we are adding jobs at the swiftest clip in years, nearly 23,000 in november alone. arizona ranks fifth in the nation for job growth during 2012. [applause]the kauffman index recently declared arizona the country's premier place for entrepreneurs. our budget is now balanced. we set aside $450 million in the state's rainy day fund for the next time that...
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Feb 9, 2013
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unlike the deficit we faced two years ago, we start out in a much better position today because of the tough, but important, decisions we made over the past two years. dain many ways, our position in wisconsin is a stark contrast to the chaos in washington, dc. while many of our nation's leaders fail to make tough decisions, we decided to avoid failure by embracing true reform. still, there is much work to be done. as i travel the state, it is clear to me why our focus on helping create 250,000 jobs by 2015 is about much more than just fulfilling a campaign promise. simply put, it is about helping improve the lives of 250,000 more families in wisconsin. you see, adding a new job is about more than just a number. every time another job is created, and a new employee is hired, it means that another family has someone working in their household. for many, that means fewer worries about putting bread on the table or clothes on the backs of their kids -- or even making the mortgage payment on the house. i will work hard each and every day, so we can help people all across wisconsin have the
unlike the deficit we faced two years ago, we start out in a much better position today because of the tough, but important, decisions we made over the past two years. dain many ways, our position in wisconsin is a stark contrast to the chaos in washington, dc. while many of our nation's leaders fail to make tough decisions, we decided to avoid failure by embracing true reform. still, there is much work to be done. as i travel the state, it is clear to me why our focus on helping create 250,000...
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Feb 5, 2013
02/13
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so, yes, reduce the deficit. but let's do it in a sensible way and the president has the prerogative of getting to put forward his budget the way he would like to present it to congress and then congress can do its work however it wants. and with that i yield to my friend and colleague from maryland and someone who has been very focused on reducing our deficits in a responsible way, mr. hoyer. the chair: the gentleman from maryland is recognized. may i remind my colleagues, i appreciate the honor, but i'm only a chairman today. the gentleman is recognized. mr. hoyer: we wish you the best for the future. the chair: thank you. mr. van hollen, may i ask for how long he was recognized? mr. van hollen: i yield four minutes. the chair: the gentleman from maryland is recognized. mr. hoyer: i thank the gentleman for yielding. mr. price of georgia said what the american people want. what the american people don't want is games. this is a game. this is a sham. this is a shame. what the american people want is honest legisl
so, yes, reduce the deficit. but let's do it in a sensible way and the president has the prerogative of getting to put forward his budget the way he would like to present it to congress and then congress can do its work however it wants. and with that i yield to my friend and colleague from maryland and someone who has been very focused on reducing our deficits in a responsible way, mr. hoyer. the chair: the gentleman from maryland is recognized. may i remind my colleagues, i appreciate the...
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Feb 1, 2013
02/13
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we talk about budget deficits and trade deficits, things we can measure. what i'm talking about is a breakdown of trust in american society, in particular in the institutions that make our economy go. when you look at measures of trust from surveys by gallup or pew that americans have been some very important institutions including the media, newspapers, television, congress, banks, or corporations, public schools, public unions, they have all been going down for many years. for a lot of them, this decline in trust intensified leading up to and going into the. financial the there are a lot of reasons for these things we could talk about. what i am getting at in this story is this matters to the economy when trust breaks down. a nobel prize-winning economist named arrow said 40 years ago every commercial transaction has within it an element of trust. when you trust your counterpart, you are more likely to engage in that transaction. when people become suspicious of each other and each other's intentions, it has a way of slowing down economic -- of holding b
we talk about budget deficits and trade deficits, things we can measure. what i'm talking about is a breakdown of trust in american society, in particular in the institutions that make our economy go. when you look at measures of trust from surveys by gallup or pew that americans have been some very important institutions including the media, newspapers, television, congress, banks, or corporations, public schools, public unions, they have all been going down for many years. for a lot of them,...
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Feb 5, 2013
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economic recovery and the deficit issues that face our kids and grandkids. a lot of lip service is paid to dealing with the middle class. that is the buzzword. i get concerned we're talking about just us. what about our kids? what about the middle class of the future? what middle-class life for the behalf unless we step up and do the right things? and to me it is -- i campaigned. i campaigned on the suicide mission to reform medicare end to do tax reform. every town hall, every rotary, chamber meeting. i would talk about those things and those two things only. guaranteed political suicide. we can do this. >> in answer to that question, what will we do to get washington to do with the fiscal challenge? there were some business leaders and alan greenspan was there. he said what are you going to do something on this fiscal challenge? are you going to do it before or after the bond market crashes and it will crash. he is not known for hyperbole. and it struck me that the former chair of the federal reserve is saying you are facing an impending crisis and you wil
economic recovery and the deficit issues that face our kids and grandkids. a lot of lip service is paid to dealing with the middle class. that is the buzzword. i get concerned we're talking about just us. what about our kids? what about the middle class of the future? what middle-class life for the behalf unless we step up and do the right things? and to me it is -- i campaigned. i campaigned on the suicide mission to reform medicare end to do tax reform. every town hall, every rotary, chamber...
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Feb 5, 2013
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slow as it is and the deficit issues that face our kids and grandkids. a lot of lip service is paid to dealing with the middle class. i get concerned we're talking about just us. what about our kids? what about the middle class of the future? what life will they have? to me it is -- i campaigned on a suicide mission to reform reform. and dre and do tax every meeting, i would talk about those things and those things ony. -- only. i am still here. >> in answer to that question, i was in a meeting in september of home.t mark warner's alan greenspan was there. do aid, why don't you something big on this fiscal challenge? are you going to do it before or after the bond market crashes and it will crash. he was not known for hyperbole. it struck me that the former chair of the federal reserve was saying you're facing an impending crisis and you are going to need to deal with it. are you going to deal with it before it hits or after? the answer is -- i want to deal with the problem before it becomes a crisis. we need to build trust necessary to find the solution
slow as it is and the deficit issues that face our kids and grandkids. a lot of lip service is paid to dealing with the middle class. i get concerned we're talking about just us. what about our kids? what about the middle class of the future? what life will they have? to me it is -- i campaigned on a suicide mission to reform reform. and dre and do tax every meeting, i would talk about those things and those things ony. -- only. i am still here. >> in answer to that question, i was in a...
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Feb 9, 2013
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all of you should think about forming a bipartisan group in the house to come up with a deficit solution. >> congressman. >> i guess my response to that, it would be this to my think there already is a bipartisan plan that has been laid out there for us to look at. it is not perfect. is this the start. his start. now, candidly it is weak on health care. erskine bowles will tell you that, but i think it is a starting point. i think maybe the answer is it david walker is here he has been vocal on this issue, but maybe we have to do is look at the best aspects of some of the perfect yet -- proposals out there and take those pieces and try to put together a real plan, and it will be bipartisan. at the there is already a foundation out there upon which we can build, so that will be my answer. >> that's a big issue. the biggest threat to our economy is congressional dysfunction. race have to be part of it to my cuts have to be part of it, the pentagon estimate contribution to the effort. we put everything of the table and can get from where we are to where we need to be. that is common-sense.
all of you should think about forming a bipartisan group in the house to come up with a deficit solution. >> congressman. >> i guess my response to that, it would be this to my think there already is a bipartisan plan that has been laid out there for us to look at. it is not perfect. is this the start. his start. now, candidly it is weak on health care. erskine bowles will tell you that, but i think it is a starting point. i think maybe the answer is it david walker is here he has...
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Feb 5, 2013
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change in deficits on the alternative fiscal scenario. it's on the right income on page 33 just above the memorandum lines. and you can see on the far right side that that set of policies would add $2.088 trillion of deficits over the decade, it would be about $450 billion of debt service, so the deficit as hell would be about two and a half trillion dollars more. -- then we shall in the basement of the alternative scenario includes all of the pieces essentially of our previous alternative scenario that have not now been enacted in law or allowed to expire. so it includes the effect of this tax provisions are still scheduled to expire. it includes the effect of the sequestered, and it includes the effects of medicare payments to physicians. >> [inaudible] >> so i don't think there's a simple answer to the question about why more revenue will be collected. our income tax system left to its own devices will generally show over time and larger share of income being collected, impacts, because it would sometimes known as real bracket increase
change in deficits on the alternative fiscal scenario. it's on the right income on page 33 just above the memorandum lines. and you can see on the far right side that that set of policies would add $2.088 trillion of deficits over the decade, it would be about $450 billion of debt service, so the deficit as hell would be about two and a half trillion dollars more. -- then we shall in the basement of the alternative scenario includes all of the pieces essentially of our previous alternative...
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Feb 1, 2013
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that includes when we have discussions about deficit reduction. as the president has made clear , deficit reduction is not the goal in itself. it is the means, if done right, greater growth and greater job creation. as part of an overall economic policy. i would note that today's jobs figures and the revisions we saw in previous months mean that over 35 months, we have created 6.1 private sector jobs. we created in 2012, when i said 2 million, we created 6.2 million with the revision numbers. in 2012, that means we have been moving in the right direction when it comes to job creation. when this president took office in 2009, we were in an economic free fall. we are hemorrhaging jobs. -- we were hemorrhaging jobs. we still had work to do and we had to make sure that when we divide economic policy and we negotiate with congress how to move forward, we cannot neglect the essential responsibility to ensure that the policies we put in place promote job creation and economic growth. that is why in every proposal, every budget , every submission to a com
that includes when we have discussions about deficit reduction. as the president has made clear , deficit reduction is not the goal in itself. it is the means, if done right, greater growth and greater job creation. as part of an overall economic policy. i would note that today's jobs figures and the revisions we saw in previous months mean that over 35 months, we have created 6.1 private sector jobs. we created in 2012, when i said 2 million, we created 6.2 million with the revision numbers....
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. >>> plus, could legalizing marijuana help the deficit go to pot? new legislation would generate tens of billions of dollars in tax revenue. the congressman behind it all joins us to explain. do you ever have too much money? ♪ to grow, we have to boost our social media visibility. more "likes." more tweets. so, beginning today, my son brock and his whole team will be our new senior social media strategists. any questions? since we make radiator valves wouldn't it be better if we just let fedex help us to expand to new markets? hmm gotta admit that's better than a few "likes." i don't have the door code. who's that? he won a contest online to be ceo for the day. how am i supposed to run a business here without an office?! [ male announcer ] fast, reliable deliveries worldwide. fedex. ♪ they said go to school and be a college kid -- melissa: the student loan catastrophe we are seeing all around us, colleges and universities now suing graduates that aren't paying back their loans. the number of students defaulting on their perkins loans, though --
. >>> plus, could legalizing marijuana help the deficit go to pot? new legislation would generate tens of billions of dollars in tax revenue. the congressman behind it all joins us to explain. do you ever have too much money? ♪ to grow, we have to boost our social media visibility. more "likes." more tweets. so, beginning today, my son brock and his whole team will be our new senior social media strategists. any questions? since we make radiator valves wouldn't it be better...
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Feb 2, 2013
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but midway through that cut that back and went back to spending cuts and deficit reductions. critics say basically if they would have left it alone, if they would have left the economy alone it would have righted its own ship. the massive government spending of world war ii, that sucked a lot of people back into labor market at a terrible humanitarian cost got the economy back running. host: there have been some folks, part of the administration, part of the democrats that say infusing money and coming up with these stimulus projects will help get the economy going. is this a similar situation to what f.d.r. tried to do coming out of the great depression? guest: threrp definitely parallels between the stimulus law of 2009 and what f.d.r. wanted to do. one major difference was where the stimulus sort of relied on the private sector. they had is civilian conservation core. this time they've tried to put money into contracts that private firms will get and then hopefully hire private workers. i think the thing about the stimulus is i bet 80 years from now we'll be debating how e
but midway through that cut that back and went back to spending cuts and deficit reductions. critics say basically if they would have left it alone, if they would have left the economy alone it would have righted its own ship. the massive government spending of world war ii, that sucked a lot of people back into labor market at a terrible humanitarian cost got the economy back running. host: there have been some folks, part of the administration, part of the democrats that say infusing money...
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this is part of an effort to cut the massive budget deficit faced by the postal service. >> i do not have any e-mail and a computer to be honest about it. i do rely on the u.s. post office mail. he is not happy about the upcoming changes that take effect august 1st. chicago district post offices will you to know that the other saturday services will continue. if you're giving medicine on saturday you're going to continue to get your medicine on saturday. if you're looking for a package from saturday you'll continue to see that package on saturday. and they're hoping that they will be able to phase this in. through attrition there might be summed elimination. we are hoping there will not be any massive changes. we hope to talk to the unions later on in the day. we will have the very latest in the evening as. law >> i've with more on why there was a delay the police are crediting several agencies as working together. he is arrested monday over seven hours. police said witnesses able to provide a description of the suspect. more importantly that witness was able to give them a partial l
this is part of an effort to cut the massive budget deficit faced by the postal service. >> i do not have any e-mail and a computer to be honest about it. i do rely on the u.s. post office mail. he is not happy about the upcoming changes that take effect august 1st. chicago district post offices will you to know that the other saturday services will continue. if you're giving medicine on saturday you're going to continue to get your medicine on saturday. if you're looking for a package...
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Feb 1, 2013
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so we are very worried about the deficit. and also what kind of deficit will we will be leaving to our heirs. there is a national security deficit that is growing and that will continue to grow. it is a particularly american conceit of the world goes away or stops when we stop paying attention to it. the fact of the matter is that the problems that we see in the world will not go away or if we don't cost them by looking at them and we can't stop them by ignoring them. the enemies who want to kill us, and it's amazing to me how comfortably we forget the fact that there are large groups, including the entire state of iran, where leaders wake up every day and ask themselves what can i do to kill americans today. that is not eight. of war receding. we will leave for our children and incredibly dangerous world. .. .. as this is.
so we are very worried about the deficit. and also what kind of deficit will we will be leaving to our heirs. there is a national security deficit that is growing and that will continue to grow. it is a particularly american conceit of the world goes away or stops when we stop paying attention to it. the fact of the matter is that the problems that we see in the world will not go away or if we don't cost them by looking at them and we can't stop them by ignoring them. the enemies who want to...
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Feb 9, 2013
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the final minute, the deficit down to 5 and smith misses in the lane. the battle for the rebound and tipping it in finally. the colonials full -- pull to within 3. the one-possession game and under a minute to g. four seconds left, gw down 3. the inbound bound to joe mcdonald and loses the ball. appears to be fouled and kroma unable to get the shot off and lonagan want wants the fall and doesn't get the foul and falls to 14th-rank butler, 59-56. >>> and hughet and george mason hosting the delaware blue hens in fairfax and starting in the first half. the patriots trailing by 5. allen gives to okalosha hitting the 3-pointer, the deficit down to two and that is as close as george mason gets. the second half, mason down 6 and jonathan arledge misses from the stop and there is no luck with the rebound. and ahead to -- forward with the dunk and falls to delaware, 79-72. >>> the tech square off today and the hokies, they would miss the first 10 shots. yes, i said that and scoring the first, seven minutes into the game. eric green down the lane, heaven -3, geor
the final minute, the deficit down to 5 and smith misses in the lane. the battle for the rebound and tipping it in finally. the colonials full -- pull to within 3. the one-possession game and under a minute to g. four seconds left, gw down 3. the inbound bound to joe mcdonald and loses the ball. appears to be fouled and kroma unable to get the shot off and lonagan want wants the fall and doesn't get the foul and falls to 14th-rank butler, 59-56. >>> and hughet and george mason hosting...
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Feb 6, 2013
02/13
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his party, focusing on issues like education and health care and spend less time talking about the deficit. >> really? oh, yes. eric cantor to the rescue. he is ready to save the republican image and put a stop to the electoral college losses, right? of course, this is not the first time eric cantor has tried to save the party. you see, it actually is the fourth attempt that he has had. in 2009, cantor held a pizza party, remember that? with jeb bush and mitt romney by launching the national council for a new america that didn't work. a year later, cantor was back at it. he was one of the young guns ready to take the republican party by storm. >> there is a better way, and a new team is ready to bring america back. eric cantor, kevin mccarthy, paul ryan joined by common-sense conservative candidates from across the country. together, they are ready to make history. together they are the young guns. >> the good old days. in 2011, cantor launched the you cut program. he wanted to get the public to vote on weekly cuts to federal government. another year, another failure. so today cantor launc
his party, focusing on issues like education and health care and spend less time talking about the deficit. >> really? oh, yes. eric cantor to the rescue. he is ready to save the republican image and put a stop to the electoral college losses, right? of course, this is not the first time eric cantor has tried to save the party. you see, it actually is the fourth attempt that he has had. in 2009, cantor held a pizza party, remember that? with jeb bush and mitt romney by launching the...
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on why he wants republicans to focus more on issues like education and health care and less on the deficit. what about immigration and is just tweak be the talking points enough? we'll have a special note to self on the intern who rushed to save gabby giffords just moments after she was shot. the justice department and government action that local grewries say is a good thing. we'll be live in alexandria, virginia. lots ahead because the news is back in the morning. we'll see you at 7:00. >> we like it. thank you, norah. we'll be watching. >>> baltimore is in party mode this morning. its countdown to the ravens victory parade in honor of their sunday triumph at the super dome. >> delia goncalves live in the newsroom with more on the big celebration including joe flacco's time at the david letterman show. good morning, delia. >> reporter: good morning. flacco has been very busy. he had a great time. you mentioned he probably looked tired. absolutely because he had a whirlwind couple of days. the city will virtually shut down today for the big parade. several streets are blocked off. busines
on why he wants republicans to focus more on issues like education and health care and less on the deficit. what about immigration and is just tweak be the talking points enough? we'll have a special note to self on the intern who rushed to save gabby giffords just moments after she was shot. the justice department and government action that local grewries say is a good thing. we'll be live in alexandria, virginia. lots ahead because the news is back in the morning. we'll see you at 7:00....
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Feb 5, 2013
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earlier today cantor spoke about fiscal discipline, pressing the president to lead the way in deficit reduction. >> we want to see from the president how long he thinks it should take to balance a budget and how he's going to do it. you know, at the end of the day all of us are here trying to improve the prospects for a brighter future for all americans. >> reporter: while cantor is expected to talk more about the economy in a speech today, he's also likely to discuss education and health care. one capitol hill watch every says he's trying to get more people under the gop tent. >> trying to resell and remessage republican philosophy. it's not a change. it's not amending the republican agenda. thisit's not switching out their principles, but trying to put a fresh look on what their agenda is and trying to frame it as a pragmatic, useful, helpful agenda that makes your life work better. >> reporter: stoddard says cantor is one of the younger gop lawmakers trying to put forward a modern image of the party while still adhering to conservative principles. jenna? jenna: molly henneberg live
earlier today cantor spoke about fiscal discipline, pressing the president to lead the way in deficit reduction. >> we want to see from the president how long he thinks it should take to balance a budget and how he's going to do it. you know, at the end of the day all of us are here trying to improve the prospects for a brighter future for all americans. >> reporter: while cantor is expected to talk more about the economy in a speech today, he's also likely to discuss education and...
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Feb 8, 2013
02/13
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i call it the trust deficit. it's a little bit like the fiscal deficit, the deficit of another kind but equally corrosive when people of a sudden conclude the system doesn't work and they no longer believe in participating and engaging in the system. the system is only as good as those are willing to participate and engage so i think those are the two biggest threats on the horizon. we can read and use the system with a sense of enthusiasm and direction and energy. i have no doubt about that. and it all has to do with the amount of progress we expect out of congress and whether or not we are smart enough to put this problem solving coalition together which can achieve results. then beyond that, if we can enhance the believe devotee of congress through simple things like reorienting the schedule so as joe said more time is wasting traveling to and from your district and actually sitting in washington touring the work of the people coming and if we can do simple things like no budget, no pay if you can't create a b
i call it the trust deficit. it's a little bit like the fiscal deficit, the deficit of another kind but equally corrosive when people of a sudden conclude the system doesn't work and they no longer believe in participating and engaging in the system. the system is only as good as those are willing to participate and engage so i think those are the two biggest threats on the horizon. we can read and use the system with a sense of enthusiasm and direction and energy. i have no doubt about that....
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Feb 1, 2013
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. >> how a template of a increasing the deficit in effect the economy and financial markets? >> where do you know the answer. it's sort of jan at the bill and i went to expect this. when initially proposed, some analysts say it's for uncertain, we can't keep raising the debt limit for threatening to default after a few. so far it's not cause the latter can turn. the next thing we have to worry about is the sequestration has, which baumbach $85 billion in the remainder of this fiscal year and that hates march 1st. then we've got another deadline on march 27. so at this point, those things are more likely to damage the economy in the short term than this bill. although could play russian roulette later this summer, and that's going to be a problem as well. spoon mixture into the "washington post," thank you. >> thanks. >> she loved being first lady. she got the job for less than a year, but it was julie tyler who ordered the marines to play out to the chief of the president appears, a custom we still follow. subject to more criticism, greeted her guests on a throne on a raised
. >> how a template of a increasing the deficit in effect the economy and financial markets? >> where do you know the answer. it's sort of jan at the bill and i went to expect this. when initially proposed, some analysts say it's for uncertain, we can't keep raising the debt limit for threatening to default after a few. so far it's not cause the latter can turn. the next thing we have to worry about is the sequestration has, which baumbach $85 billion in the remainder of this fiscal...
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Feb 9, 2013
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. >> our deficit is a big problem. think about it. our national debt, 16.5 trillion dollars? you think that's not a lot of money in tell you what, count one number per second. you know how long it will take to count to 16 trillion? 507,000 years. you make $10 billion, you put in a billion. you make $10, you put in one. some people say that's not fair because it doesn't hurt the guy to made $10 billion as much as -- where does it say you have to hurt the guy? he just put a billion dollars in the pot. we don't need to hurt him. >> a lot of people say his speech eclipsed that of president obama who -- i don't portend to be in the mind of president obama but he didn't look delighted. >> i would like to get in hit mind. loathing on his face. that's one of the more coherent defenses of flat tax. >> start counting. >> why shouldn't every citizen pay the same rate? >> why does it have to be punitive is -- >> exactly. the sure pleasure of punishing someone. >> i found out sean hannity has more power than i do. he got his on his show. here he is. >> well, you know, obviously i had all
. >> our deficit is a big problem. think about it. our national debt, 16.5 trillion dollars? you think that's not a lot of money in tell you what, count one number per second. you know how long it will take to count to 16 trillion? 507,000 years. you make $10 billion, you put in a billion. you make $10, you put in one. some people say that's not fair because it doesn't hurt the guy to made $10 billion as much as -- where does it say you have to hurt the guy? he just put a billion dollars...
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Feb 6, 2013
02/13
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slow as it is and the deficit issues that face our kids and grandkids. a lot of lip service is paid to dealing with the middle class. i get concerned we're talking about just us. what about our kids? what about the middle class of the future? what life will they have? to me it is -- i campaigned on a suicide mission to reform reform. and dre and do tax every meeting, i would talk about those things and those things ony. -- only. i am still here. >> in answer to that question, i was in a meeting in september of home.t mark warner's alan greenspan was there. do aid, why don't you something big on this fiscal challenge? are you going to do it before or after the bond market crashes and it will crash. he was not known for hyperbole. it struck me that the former chair of the federal reserve was saying you're facing an impending crisis and you are going to need to deal with it. are you going to deal with it before it hits or after? the answer is -- i want to deal with the problem before it becomes a crisis. we need to build trust necessary to find the solution
slow as it is and the deficit issues that face our kids and grandkids. a lot of lip service is paid to dealing with the middle class. i get concerned we're talking about just us. what about our kids? what about the middle class of the future? what life will they have? to me it is -- i campaigned on a suicide mission to reform reform. and dre and do tax every meeting, i would talk about those things and those things ony. -- only. i am still here. >> in answer to that question, i was in a...